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KIS Wire (XKRX:002240) Net Margin % : 6.08% (As of Mar. 2024)


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What is KIS Wire Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. KIS Wire's Net Income for the three months ended in Mar. 2024 was ₩26,388 Mil. KIS Wire's Revenue for the three months ended in Mar. 2024 was ₩434,110 Mil. Therefore, KIS Wire's net margin for the quarter that ended in Mar. 2024 was 6.08%.

The historical rank and industry rank for KIS Wire's Net Margin % or its related term are showing as below:

XKRX:002240' s Net Margin % Range Over the Past 10 Years
Min: -0.03   Med: 2.18   Max: 21.67
Current: 4.27


XKRX:002240's Net Margin % is ranked better than
60.2% of 603 companies
in the Steel industry
Industry Median: 2.76 vs XKRX:002240: 4.27

KIS Wire Net Margin % Historical Data

The historical data trend for KIS Wire's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KIS Wire Net Margin % Chart

KIS Wire Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 0.60 7.67 3.91 3.99

KIS Wire Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.91 2.81 4.61 3.70 6.08

Competitive Comparison of KIS Wire's Net Margin %

For the Steel subindustry, KIS Wire's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KIS Wire's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, KIS Wire's Net Margin % distribution charts can be found below:

* The bar in red indicates where KIS Wire's Net Margin % falls into.



KIS Wire Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

KIS Wire's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=71450.406/1788877.688
=3.99 %

KIS Wire's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=26388.211/434109.629
=6.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KIS Wire  (XKRX:002240) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


KIS Wire Net Margin % Related Terms

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KIS Wire (XKRX:002240) Business Description

Traded in Other Exchanges
N/A
Address
37, Gurak-ro 141beon-gil, Suyeong-gu, Busan, KOR
KIS Wire Ltd is in the business of manufacturing secondary steel products such as wire and wire ropes. Its products include oil tempered wire, spring wire, tire reinforcement, house wire, bridge cable, galvanized steel wire, computer wire, wire rope, superconductive wire, etc. The company mainly operates in Korea, Malaysia, and China. It sells its products to automotive, construction, machinery, bridge, energy, fishing and semi-conductor industries.

KIS Wire (XKRX:002240) Headlines

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